75.0
Good
Property score
75.0
Good
Overall 75.0
Larger and newer than most nearby homes
1,592 sqft (top 6%)
Built in 2019 (68 yrs newer than avg)
Located in a above-average income area
with median household income of ~71.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 7 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
60% larger than neighborhood avg.
Year Built
Above average
68 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
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75.0 is composed by the two sections below.
Property Score
Community Score
Varennes
How to read: Share of sales in each ~$50k price band for “varennes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110613
$72K
Median household income
$83K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
30%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
28 Regal Avenue — 19 amenities found within 500 m, across 7 categories, including 7 dining (nearest 199 m), 2 education (nearest 127 m), 2 healthcare (nearest 362 m).
Varennes · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 8% | Top 5% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2019-built home at 28 Regal Avenue stands out for its modern construction and generous living space within the established Varennes community. Its key appeal lies in offering a contemporary, low-maintenance lifestyle without sacrificing room to grow. The nearly 1,600 sqft of living area is significantly above the local average, placing it comfortably within the top 15% of its street and top 6% of its neighborhood. This is complemented by a high assessed value, ranking in the top 12% citywide, which reflects its premium positioning.
The property is ideally suited for buyers who prioritize a modern, move-in-ready home with ample interior space over a large yard. It’s a strong match for professionals, small families, or downsizers seeking a newer build with modern efficiencies, who value being in a desirable area among predominantly older homes. A thoughtful perspective is that while the lot size is more compact than area averages, this often translates to less exterior upkeep, aligning perfectly with the modern, efficient ethos of the home itself. You're acquiring a top-tier interior and a newer asset in a mature community.
Frequently Asked Questions
1. How does the property's value compare to its neighbors?
The home's tax assessment value of $556,000 is substantially higher than local averages (about $335,000 on its street), placing it in the top 13% locally. This indicates it is viewed as a premium property within the area, likely due to its newness and size.
2. Is the living space considered large for the area?
Yes. With 1,592 sqft, it ranks in the top 14% on its street and top 6% in the Varennes community, where average homes are around 1,000 sqft. It offers significantly more interior space than most nearby properties.
3. What are the trade-offs for having a newer home in this neighborhood?
The major trade-off is land size. The lot of 3,390 sqft is below the area average, meaning a smaller backyard compared to many older homes on the street. The benefit is a modern home (2019) in a mature community, with likely lower immediate maintenance costs.
4. Does the high assessed value mean my property taxes will be very high?
Not necessarily. Property tax is calculated using the assessed value and the municipal tax rate. While the assessment is a key component, a higher assessment doesn't automatically mean disproportionately high taxes if the home is in line with area valuations. It does confirm the home is in a premium bracket for the locale.
5. What does the "建造年份" (Build Year) ranking tell me?
Built in 2019, this home is newer than 96% of comparable properties across Winnipeg, ranking in the top 4% citywide. On its street, where the average build year is 1959, it is among the newest. This suggests advantages in building codes, materials, and systems efficiency.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
